Project Title: Market Basket Analysis
Company S
| Details | |
|---|---|
| Project Title | Market Basket Analysis |
| Project Topics | Customer Service & Account Management Data Management Growth Strategy Marketing Research & Development |
| Skills & Expertise | |
| Project Synopsis: Challenge/Opportunity |
Students will work with a grocery chain on market basket analysis and use data mining techniques to uncover associations between purchased items. Students will identify combinations of items that customers buy together and highlight the relationships between items in a single purchase/basket. Students will contribute to conversations about pricing, promotions, assortment, and store/shelf layouts with the company and also provide insight to assist with prioritization of market opportunities while optimizing loyalty program touch points.
Student Responsibilities:
Analyze customers’ shopping habits at customer level
Develop dashboards that align with new strategic KPIs to drive higher sales and active customer file growth for the organization
Create actionable, data-driven insights from customer data Identify actionable opportunities within the data to drive top line
Work closely with data warehouse team for deep dive analytics
Requirements:
Familiarity with Data mining techniques
Knowledge of SAS, Python or R
Familiarity with quantitative and statistical concepts
Strong interpersonal skills and the ability to interact well with all levels of management
Ability to work with large datasets
Team player with the ability to build productive relationships
Business writing and presentation skills
Knowledge of project management
Strong technical skills in Microsoft Office and data visualization tools
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| Project Synopsis: Activities/Actions Required | |
| Project Synopsis: Expected Results |
Project Timeline
| Touchpoints & Assignments | Date | Type |
|---|---|---|
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Welcome, Spring 2022 Applicants! |
Jan 12 2021 | |
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Application Launch for Spring 2022 Projects |
Jun 12 2021 | |
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Resume Upload for Spring 2022 Projects |
Jun 12 2021 | Submission Required |
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Program Kickoff |
Feb 14 2022 | Event |
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Final Peer Evaluation Due |
Apr 05 2022 | Evaluation |
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Final Self Evaluation Due |
Apr 05 2022 | Evaluation |
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Deadline for Spring 2022 Projects |
Jun 01 2022 | |
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Mid-Term Town Hall Presentations |
Jul 03 2022 | |
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First Day of Classes |
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Teams Finalized & Sudents Notified |
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Reminder of Confidentiality |
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Temp Check #1 Due |
Evaluation | |
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Temp Check #2 Due |
Evaluation | |
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Final Town Hall Presentations |
Teams
| Team Name | Project Name | Team Members |
|---|---|---|
| No Teams Available |